Dear sir,
I provide a services ' rent a cab' and also carrying a business of' milk supply to amul'. The total turnover of both the business exceeds 20 lakhs.
As milk is under nil rate of duty , I want to know what are my registration requirements for gst.
Do I have to register both the business verticals separately?
Please advice.
GST Registration Needed for Cab and Milk Business with Over 20 Lakh Turnover? Mixed Advice on Separate Registrations. A user inquired about GST registration requirements, as their combined turnover from a cab rental service and milk supply business exceeds 20 lakhs. They sought clarification on whether separate registrations are needed for each business. Responses varied: one advised excluding milk from turnover as it's zero-rated, suggesting no GST registration if other turnover is below 20 lakhs. Another emphasized that aggregate turnover includes exempt supplies, necessitating registration if it exceeds 20 lakhs. A third opinion suggested obtaining separate GST registrations for each business due to their distinct nature. The discussion highlighted differing interpretations of GST rules. (AI Summary)